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Old 08-27-20, 02:22 PM   #90
Skybird
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Join Date: Sep 2001
Location: the mental asylum named Germany
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Like the ECB, so the FED:


"OPEN THE FLOODGATES!"


https://www.nbcnews.com/business/economy/fed-will-let-inflation-rise-target-jobs-n1238278


Now my most feared consequences from the pandemic starting to show: their effect on the systemic change of the "money" system.

If one is not ashmamed to stil, call it a "money". Its pure worthless claim for debts made before.

And we will never recover from the monetarian massacres we currently witness. Never. Its impossible, the debts have been allowed to grow too far. Factors too far.


"(Ungedeckter) Kredit ist vorgezogener Konsum, der in der Zukunft ausfällt." - Ludwig von Mises
That has the logic of a Vulcan, and the simplicity and elegance of a poet.
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Last edited by Skybird; 08-27-20 at 02:31 PM.
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